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Operates in Construction — Residential & Commercial Building. Per the activity note to the FY2022 annual report, the company constructs residential buildings. Registered 31 January 2018; active operations began September 2018.
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | CAGR |
|---|---|---|---|---|---|---|
| Total Revenue | 190 | 2,194 | 12,374 | 5,591 | 732 | +40.1% |
| Total COGS | 237 | 1,617 | 6,440 | 3,949 | 546 | +23.3% |
| Gross Profit | 47 | 577 | 5,933 | 1,642 | 186 | nmf |
| Gross Margin | 24.5% | 26.3% | 48.0% | 29.4% | 25.4% | |
| 31 | 287 | 473 | 357 | 69 | +21.8% | |
| EBITDA | 78 | 290 | 5,460 | 1,285 | 117 | nmf |
| EBITDA Margin | 40.9% | 13.2% | 44.1% | 23.0% | 16.0% | |
| Total D&A | 0 | 8 | 17 | 28 | 9 | nmf |
| EBIT / Operating Income | 78 | 282 | 5,443 | 1,257 | 108 | nmf |
| Total Interest Expense | 9 | 173 | 332 | 83 | 2 | -30.7% |
| 0 | 18 | 160 | 33 | 69 | nmf | |
| Profit Before Tax | 87 | 127 | 4,951 | 1,207 | 37 | nmf |
| Total Income Tax | 0 | 0 | 0 | 108 | 73 | -32.3% |
| Net Profit / (Loss) | 87 | 127 | 4,951 | 1,098 | 37 | -19.4% |
| Net Margin | 45.6% | 5.8% | 40.0% | 19.6% | 5.0% |
Shareholders, directors and group links from the companyinfo.ge public register — as filed, so stakes need not sum to 100% where a holding is undisclosed.
Ownership & directors from companyinfo.ge (public corporate registry).
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